£187,097
This estimated value is based upon the latest sale price for the house of £150,000 on 4 May 2018. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £150,000 | 4 May 2018 |
| £120,000 | 20 Sep 2010 |
| £80,000 | 23 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 692 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in May 2018 the House Price Index for WEST MIDLANDS was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £150,000 results in an estimated price of approximately £187,097.
| 4 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £150,000 | £37,097 | £187,097 |
The Postcode Pricing Model uses changes in average sales price within the B14 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -4.954 % | £-7,431 | £142,568 |
| 3 Month Average | 0.101 % | £151 | £150,151 |
| 6 Month Average | 17.331 % | £25,995 | £175,995 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £209,669 | £206,000 | 66 GREENALEIGH ROAD |
| 23 Nov 2023 | £167,480 | £165,000 | 21 RAVENSHILL ROAD |
| 26 Jul 2023 | £203,742 | £201,000 | 35 SANDMERE ROAD |
| 4 Apr 2023 | £189,035 | £187,000 | 31 RAVENSHILL ROAD |
| 6 Mar 2023 | £207,454 | £205,500 | 67 GREENALEIGH ROAD |
This house has a floor area of 64 sq meters or 692 sq feet when measured on 22 Mar 2010. Using an estimated price of £187,098 means this house is valued at £2,909 per sq meter (£270 per sq foot).
The average size of a house on RAVENSHILL ROAD is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Ravenshill Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ravenshill Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenshill Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravenshill Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenshill Road |